Jake and Gino Multifamily Investing Entrepreneurs

What is a Retrade in Real Estate & How TO Negotiate a Retrade Successfully | How To with Gino Barbaro

12 snips
Mar 26, 2025
Dive into the intriguing world of retrades in real estate! Discover how to ethically renegotiate deals to maximize your returns without burning bridges. Gino Barbaro shares personal stories and practical examples, illustrating when and how retrades should be used. Learn actionable negotiation techniques inspired by Chris Voss, emphasizing the importance of due diligence and understanding seller motivations. With market insights and strategies to maintain trust, this is a must-listen for any multifamily investor.
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ANECDOTE

Faulty Breakers

  • Gino encountered faulty breakers in a deal, requiring $400,000 in replacements.
  • The motivated seller agreed to a retrade due to the potential deal-breaker.
ADVICE

Fair Retrades

  • Retrades should be fair and reasonable, considering the overall deal.
  • Don't nickel and dime the seller on small issues in a good deal.
ADVICE

Trust and Reputation

  • Trust but verify all information provided by sellers.
  • Avoid becoming known as a frequent retrader, as it damages your reputation.
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